Johnson Controls-Hitachi Reports Strong Q3 Growth Amid Stock Evaluation Shift

Feb 11 2025 06:17 PM IST
share
Share Via
Johnson Controls-Hitachi Air Conditioning India has announced its financial results for the quarter ending December 2024, highlighting a significant year-on-year increase in Profit After Tax (PAT) and net sales. The company also reported its highest cash and cash equivalents in recent periods, indicating improved liquidity and strong operational performance.
Johnson Controls-Hitachi Air Conditioning India has recently reported its financial results for the quarter ending December 2024, showcasing notable developments in its performance metrics. The company has experienced a positive trajectory in its Profit After Tax (PAT), which reached Rs 2.76 crore, reflecting a significant year-on-year growth of 102.78%. This upward trend in profitability is complemented by a robust increase in net sales, which amounted to Rs 431.65 crore for the quarter, marking a year-on-year growth of 44.09%.

Additionally, the company's cash and cash equivalents have reached their highest level in the last six half-yearly periods, totaling Rs 232.73 crore, indicating an improvement in short-term liquidity. The PAT for the nine-month period has surpassed the total for the preceding twelve months, suggesting a strong operational performance.

Despite these positive indicators, the stock's evaluation has undergone a revision, with its score adjusting from 27 to 17 over the past three months. This adjustment reflects a shift in the overall assessment of the stock's performance.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News